Editor’s Note: Newer Indianapolis labor market information is available in a September 2021 report that forecasts full job recovery for Indianapolis in 2022, ahead of the U.S. and the Midwest region as a whole. Midwest locations are often absent or overlooked in rankings of the country’s strongest labor markets, as growth rates there tend to be more […]

Most employers’ highest expenses are employee salaries and benefits, making it critical for companies to conduct periodic compensation reviews. Due to the drastic overall impact of the COVID-19 pandemic in 2020, many companies planned for reduced salaries¹ or reduced salary increases in 2021. Those companies who haven’t reassessed compensation multiple times during the rapid labor market […]

Quick, well-informed salary structure decisions and transparent communication with employees to set compensation and benefit expectations will significantly increase the retention and productivity of those affected by an acquisition or merger. This holds true for the initial announcement timing through the transition period.  In an acquisition , HR can help minimize uncertainty to reduce employee […]

Aside from wide-ranging changes to the way we work, the pandemic also gave employees time to reflect upon their future careers and way of life. So much so that what’s commonly called “The Great Resignation” has become a workforce trend to keep an eye on. Interestingly, a 2021 Microsoft study of 30,000+ workers found that 41% of […]